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IT

Samsung acquires Zhilabs, to expand AI-based automation portfolio

Wednesday 17 October 2018 | 06:37 CET | News
Samsung Electronics has acquired Zhilabs, an artificial Intelligence (AI)-based network and service analytics provider. According to Samsung, the Zhilabs acquisition lays the foundation for Samsung to develop its 5G offerings of automation and network analytics. No financial details related to the transaction have been disclosed. Zhilabs, fully owned by Samsung, will operate independently under its own management.

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Categories: IT
Companies: Samsung
Countries: World
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